4553 FERGUSON STREET, Niagara Falls (downtown), ON L2E2Y7

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 899,500

Est. payment | -/mo

8 Beds

4 Baths

2,500 SqFt

Save

$ 899,500

Est. payment | -/mo

Save

8 Beds

4 Baths

2,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $359

Subdivision 210 - Downtown

MLS® Listing ID X12341036

Bedrooms 8

Source Toronto Regional Real Estate Board

Property Description

This well-maintained four-unit multi-family building in the heart of Niagara Falls offers a turnkey investment with strong in-place income. Fully tenanted at or near market rents, the property generates immediate cash flow with a 5.3% cap rate at the asking price. Each unit is separately metered for hydro, with tenants responsible for their own utilities, minimizing operating costs. Recent upgrades include a new boiler heating system installed two years ago and a flat roof just over ten years old, both contributing to reduced near-term capital expenditures. The owner has kept the building in good condition, refreshing units upon turnover to maintain quality and tenant appeal. Situated in a quiet neighbourhood, this asset combines low-maintenance operations with long-term value retention, making it an ideal opportunity for both seasoned investors and those entering the market. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Radiant heat

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Listed by EXP REALTY

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

4553 FERGUSON STREET Niagara Falls (downtown), ON L2E2Y7